first advantage delivers comprehensive background check solutions and insights that enable employers and housing providers to make confident choices, reduce risk, and maintain compliance. with offices in 26 locations and a staff of 4,000+ employees, first advantage leverages leading technology and the industry’s largest global capabilities to complete background checks in 200+ countries and territories. if you’re looking for employee or tenant background check solutions that enable fast and reliable decision making, we’re your first advantage. for more detailed information on first advantage products and services, visit fadv.com.
Company profile
Ticker
FA
Exchange
Website
CEO
Mark Parise
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Corporate Screening Services LLC • FADV (Australia) PTY Limited • FADV B.V. • FADV European Data Center B.V. • FADV Malaysia Sdn. Bhd • Fastball Parent, Inc. • First Advantage (Beijing) Co. Ltd • First Advantage (HK) Limited • First Advantage (Zhuhai) Co. Limited • First Advantage Acquisitions, Inc. ...
IRS number
611437565
FA stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
1 Mar 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
425
Business combination disclosure
29 Feb 24
10-K
2023 FY
Annual report
29 Feb 24
425
Business combination disclosure
29 Feb 24
Transcripts
FA
Earnings call transcript
2023 Q3
9 Nov 23
FA
Earnings call transcript
2023 Q2
9 Aug 23
FA
Earnings call transcript
2023 Q1
10 May 23
FA
Earnings call transcript
2022 Q4
28 Feb 23
FA
Earnings call transcript
2022 Q3
8 Nov 22
FA
Earnings call transcript
2022 Q2
7 Aug 22
FA
Earnings call transcript
2022 Q1
13 May 22
FA
Earnings call transcript
2021 Q4
23 Mar 22
FA
Earnings call transcript
2021 Q3
8 Nov 21
FA
Earnings call transcript
2021 Q2
12 Aug 21
Latest ownership filings
4
Steven Irwin Marks
6 Mar 24
4
Bret T Jardine
6 Mar 24
4
Steven Irwin Marks
1 Mar 24
4
Joseph K. Jaeger
14 Feb 24
144
Notice of proposed sale of securities
12 Feb 24
SC 13G/A
SLTA V (GP), L.L.C.
9 Feb 24
4
Joelle M Smith
18 Sep 23
4
Joseph Osnoss
15 Sep 23
144
Notice of proposed sale of securities
15 Sep 23
144
Notice of proposed sale of securities
14 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm | 165.01 mm |
Cash burn (monthly) | 78.06 mm | 18.78 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 530.51 mm | 127.65 mm | n/a | n/a | n/a | n/a |
Cash remaining | -365.50 mm | 37.36 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.7 | 2.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 99 |
Opened positions | 9 |
Closed positions | 10 |
Increased positions | 43 |
Reduced positions | 37 |
13F shares | Current |
---|---|
Total value | 1.93 tn |
Total shares | 229.64 mm |
Total puts | 2.60 k |
Total calls | 2.70 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Slta V (GP), L.L.C. | 89.88 mm | $1.71 bn |
Silver Lake Group, L.L.C. | 89.56 mm | $1.24 tn |
JPM JPMorgan Chase & Co. | 6.94 mm | $95.65 bn |
Capital Research Global Investors | 5.28 mm | $72.82 bn |
Vanguard | 5.00 mm | $68.91 bn |
BLK Blackrock | 3.91 mm | $53.95 bn |
Bamco | 3.75 mm | $51.71 bn |
Diamond Hill Capital Management | 3.46 mm | $47.72 bn |
Cat Rock Capital Management | 3.02 mm | $41.69 bn |
FMR | 2.69 mm | $37.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | Steven Irwin Marks | Common Stock | Payment of exercise | Dispose F | No | No | 16.84 | 882 | 14.85 k | 14,558 |
28 Feb 24 | Steven Irwin Marks | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,363 | 0.00 | 15,440 |
28 Feb 24 | Steven Irwin Marks | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,146 | 0.00 | 14,077 |
28 Feb 24 | Steven Irwin Marks | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,363 | 0.00 | 4,089 |
28 Feb 24 | Steven Irwin Marks | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,146 | 0.00 | 2,291 |
12 Feb 24 | Joseph K. Jaeger | Common Stock | Sell | Dispose S | No | Yes | 16.9451 | 20,000 | 338.90 k | 696,298 |
15 Sep 23 | Silver Lake Group, L.L.C. | Common Stock | Other | Dispose J | Yes | No | 0 | 153,329 | 0.00 | 0 |
15 Sep 23 | Silver Lake Group, L.L.C. | Common Stock | Sell | Dispose S | Yes | No | 14.2897 | 169,510 | 2.42 mm | 153,329 |
14 Sep 23 | Joelle M Smith | Common Stock | Sell | Dispose S | No | No | 14.3909 | 10,000 | 143.91 k | 24,669 |
16 Aug 23 | Bret T Jardine | Common Stock | Sell | Dispose S | No | No | 15.2 | 12,000 | 182.40 k | 4,537 |
News
William Blair Initiates Coverage On First Advantage with Outperform Rating
23 Apr 24
Evercore ISI Group Maintains Outperform on First Advantage, Raises Price Target to $18
26 Mar 24
Stifel Maintains Buy on First Advantage, Raises Price Target to $21
14 Mar 24
First Advantage Introduces Next-Gen RightID To Detect Job Applicant Fraud in Pre-Hire Process
11 Mar 24
Industrials Company First Advantage Announces Acquisition of Sterling Check
29 Feb 24
Press releases
First Advantage Releases 2024 Global Trends Report
23 Apr 24
First Advantage Introduces Next-Gen RightID™ to Detect Job Applicant Fraud in Pre-Hire Process
11 Mar 24
SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Sterling Check; Are Shareholders Getting a Fair Deal?
29 Feb 24
First Advantage to Acquire Sterling Check Corp. for $2.2 Billion in Cash and Stock
29 Feb 24
First Advantage Reports Full Year and Fourth Quarter 2023 Results
29 Feb 24